Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Blog

OCC Seeks Comment on Volcker Rule to Implement Treasury Recommendations

Banking The Office of the Comptroller of the Currency is seeking comment to assist in determining how the final rule implementing section 13 of the Bank Holding Company Act, which is referred to as the Volcker Rule, could be revised to better accomplish the purposes of the statute. The OCC’s request is limited to regulatory actions […] Read more →

by   |   August 2, 2017

Delaware Supreme Court Rejects Presumption that Deal Price is Best Estimate of Fair Value; Private Equity Buyer’s Price Deserves Appropriate Consideration

Litigation, M&A In DFC Global Corp. v Muirfield Value Partners, L.P. et al, the Delaware Supreme Court declined to adopt a presumption that in an arm’s length merger the deal price is the... Read more →

by   |   August 1, 2017

A Review of Initial Coin Offerings (ICOs)

Blockchain Technology, Public Companies and Securities Given the SEC’s investigative report on initial coin offerings, I thought it would be interesting to review a small sample to see what else is really out there. I turned to... Read more →

by   |   July 31, 2017

Stacks of Coins

When is an Initial Coin Offering a Security?

Public Companies and Securities As discussed in a post from last week, the SEC determined that Initial Coin Offerings can be securities. The finding stems from the SEC’s investigation into The DAO’s... Read more →

by   |   July 31, 2017

Independent Directors, Law Firm and Financial Advisor not Liable for Omissions in Private Tender Offer

Litigation, M&A R.L. Polk & Co. Inc., a private company, was allegedly more than 90% controlled by the Polk family. The Company was in the consumer marketing business with holdings such as... Read more →

by   |   July 26, 2017

SEC Finds Initial Coin Offerings Can be Securities

Blockchain Technology, Crowdfunding, Public Companies and Securities The SEC issued an investigative report cautioning market participants that offers and sales of digital assets by “virtual” organizations are subject to the... Read more →

by   |   July 25, 2017

FSOC to Review Volcker Rule; Regulators Defer Enforcement for Foreign Funds

Banking On Friday, July 28, 2017, Treasury Secretary Mnuchin will preside over an executive session of the Financial Stability Oversight Council (Council) at the Treasury Department. The... Read more →

by   |   July 24, 2017

Treasury’s Recommendations for the Volcker Rule

Banking, Broker-Dealer, Derivatives The U.S. Department of the Treasury previously issued its first in a series of reports to President Donald J. Trump examining the United States’ financial regulatory system. The... Read more →

by   |   July 19, 2017

SEC Commissioner Supports Mandatory Shareholder Arbitration

Litigation, Public Companies and Securities Reuters is reporting that SEC Commissioner Michael Piwowar urged IPO companies to request relief from the SEC to include mandatory arbitration provisions for shareholder disputes.... Read more →

by   |   July 18, 2017